Healthy Potash Price Can’t Stop The Layoffs
Gold, uranium and potash have been the three bright spots for the mining sector through what has been a historically bleak period.
Articles by Northern Miner Staff
Teck Slashes Jobs, Coal Production
VANCOUVER– Another day, another announcement of job and production cuts: Teck (TCK. B-T, TCK-N) is letting go of 1,400 workers and reducing its 2009 coal production target to 20 million tonnes.
PolyMet Draws On Debt To Feed NorthMet
When credit markets are tight, it’s good to have supporters with deep pockets.
International Quotes (January 19, 2009)
Australia (A$) Jan 13 Jan 6 Change Bendigo Mining 0.15 0.15 0.00 Kingsgate Cons. 3.36 3.53 -0.17 Lion Selection Ltd 0.75 0.78 -0.03 Newcrest Mining 31.48 31.60 -0.12 …
Sprott’s Moly Fund Is Done
Falling molybdenum prices have ended the Sprott Molybdenum Participation Corp. (MLY-T) fund.
Moon Dust And Hairy Rocks
The Royal Ontario Museum (ROM) in Toronto has opened the doors to its Earth’s Treasures exhibit located in the Teck Suite of Galleries, sponsored by Teck (TCK. B-T, TCK-N).
LME Warehouse Levels (January 19, 2009)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at opening, Jan. 13, 2009 (change from Jan. 6 in brackets):
North American Tungsten Bets On Unleaded Future
VANCOUVER — North American Tungsten (NTC-T, NATUF-O) is transforming itself. No longer is it just a tungsten mining company responsible for making about 4% of the world’s tungsten concentrates. It is…
Editorial: Mining Sector Layoffs Pick Up Steam
Quite a few miners across Canada and beyond rang in the new year with layoff notices, as the autumn commodities bust worked its way into the employment scene.
Commentary: Commodity Prices To Bottom In 2009: Banks
While TD Bank sees the commodities market starting to rebound in the second half of 2009, followed by more pronounced price increases in 2010, the World Bank believes that, over the long term, commodi…
Toronto Stock Exchange – Jan. 6-12
The TSX fell during the Jan. 6-12 trading session, with the S&P/TSX composite index losing 492 points, or 5.3%, to 8,793. Metal and mining issues sustained heavier losses, with the S&P/TSX Cap…
TSX Venture Exchange -Jan. 6-12
VANCOUVER — It was an up-and-down week for the S&P/TSX Venture composite index over the Jan. 6-12 trading session. The board started the week by climbing above the 900-point mark, a height it has…